Does this foresee terrible cost, recession and a war? (5,4,8)

I believe the answer is:

worst case scenario

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'does this foresee terrible cost recession and a war?' is the definition.
I know nothing about this answer so I can't judge whether this works.

'terrible cost recession and a war?' is the wordplay.
'terrible' is an anagram indicator.
'and' is a charade indicator (letters next to each other).
'cost'+'recession'+'a'+'war'='costrecessionawar'
'costrecessionawar' anagrammed gives 'WORST-CASE SCENARIO'.

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